Company Frontier Real Estate Investment Corporation

Equities

8964

JP3046200006

Commercial REITs

Market Closed - Japan Exchange 02:00:00 2024-04-19 am EDT 5-day change 1st Jan Change
454,000 JPY -0.44% Intraday chart for Frontier Real Estate Investment Corporation +0.67% +4.85%

Business Summary

Frontier Real Estate Investment Corporation is a real estate investment trust (REIT) company. The Fund aims at stable earnings and steady asset growth from mid-term to long-term perspectives. It mainly invests in commercial facilities located in suburbs and store buildings in the metropolitan areas, as well as trust beneficiary right of real estate. The Fund invests in properties located in the Tokyo metropolitan area and other regional cities. Its properties included AEON MALL NAGOYADOME-mae, AEON Style Shinagawa Side, You Me Town Hiroshima, AEON Ibaraki Shopping Center, Mitsui Outlet Park Iruma, Mitsui Shopping Park LaLaport IWATA, AEON Hadano Shopping Center, Joyfultown Okayama, among others. The asset manager of the Fund is Mitsui Fudosan Frontier REIT Management Inc.

Sales per Business

JPY in Million2022Weight2023Weight Delta
Rental
98.4 %
22,710 98.9 % 22,194 98.4 % -2.27%
Other Rental
1.0 %
203 0.9 % 233 1.0 % +14.75%
Gain on Sale of Real Estate Properties
0.6 %
42 0.2 % 137 0.6 % +224.04%

Sales per region

JPY in Million2022Weight2023Weight Delta
Japan
100.0 %
22,955 100.0 % 22,564 100.0 % -1.71%

Managers

Managers TitleAgeSince
Director/Board Member 75 18-03-31
Corporate Officer/Principal 66 20-03-31
Corporate Officer/Principal 75 16-03-31
Corporate Officer/Principal - 20-03-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 75 18-03-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 541,000 486,520 ( 89.93 %) 0 89.93 %

Shareholders

NameEquities%Valuation
29,200 5.397 % 88 M ¥
Daiwa Asset Management Co. Ltd.
5.042 %
27,276 5.042 % 82 M ¥
Nomura Asset Management Co., Ltd.
4.989 %
26,989 4.989 % 81 M ¥
Sumitomo Mitsui Trust Asset Management Co., Ltd.
3.873 %
20,951 3.873 % 63 M ¥
Mitsubishi UFJ Asset Management Co., Ltd.
3.146 %
17,018 3.146 % 51 M ¥
Nikko Asset Management Co., Ltd.
2.731 %
14,776 2.731 % 44 M ¥
Shinkin Asset Management Co., Ltd.
1.806 %
9,768 1.806 % 29 M ¥
The Shinkumi Federation Bank
1.458 %
7,889 1.458 % 24 M ¥
Resona Asset Management Co., Ltd.
0.2246 %
1,215 0.2246 % 4 M ¥
AEGON Investment Management BV
0.2150 %
1,163 0.2150 % 3 M ¥

Company contact information

Frontier Real Estate Investment Corp.

Kojun Building, 6/F 6-8-7 Ginza

104-0061, Tokyo

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http://www.frontier-reit.co.jp
address Frontier Real Estate Investment Corporation(8964)
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